Fannie MAE and Freddie MAC




Steel on Steel Radio Broadcast show

Summary: As the world slides toward economic crisis the nation's leading mortgage investment securities are sliding into worthlessness while Congress and the Fed quietly back away from supporting them Catherine Austin Fitts former Undersecretary at HUD under Bush www solari com says they're sucking the wealth of the middle class with them We also run clips of Laurie Mylroie who has been an SOS guest over the years and who now says the U S has badly defined the enemy in the terror war causing a blurry prosecution of the war John's boralogue notes the recent passing of two German women